JPMorgan Chase & Co. is a leading global financial services firm that provides a wide range of financial solutions to consumers, businesses, and governments. The company offers investment banking, asset management, private banking, and wealth management services while also delivering a full suite of commercial banking products. With a strong emphasis on innovation and technology, JPMorgan Chase plays a pivotal role in the financial market, helping clients navigate complex financial landscapes through expert advice and tailored services. The firm is committed to maintaining its reputation for integrity and professionalism while actively contributing to economic development and community investment. Read More
Goldman Sachs cited improving transportation margins and a decline in construction equipment capital stock, which is its “favored lead indicator” for future capital expenditures, as key reasons for its upgrade on Oshkosh.
Tesla is leaning on overseas upgrades as domestic headwinds mount, including a sharp stock decline, potential loss of EV tax credits, and bearish delivery forecasts from top brokerages.
The company said that a multiple ascending dose study to evaluate the safety, tolerability, and pharmacokinetics of ART26.12 with repeated dosing over time is expected to commence in the fourth quarter this year.
JPMorgan sees deliveries falling from 444,000 a year ago to "just" 360,000 vehicles, representing a "sizable" 8% shortfall versus the Bloomberg consensus forecast for 392,000 deliveries, as per TheFly.
Strategists from JPMorgan have voiced concerns that the much-awaited Federal Reserve interest-rate cuts might not be as beneficial for stocks as investors hope.
The best-performing stocks typically have robust sales growth, increasing margins, and rising returns on capital,
and those that can maintain this trifecta year in and year out often become the legends of the investing world.
There was a write-up about how well equity momentum funds are doing this year. At one point during the April carnage, momentum funds were reportedly doing poorly, but have they turned it around? JP Morgan has a momentum ETF with the symbol JMOM.
